Commercial Sale · Retail
1948 NE 123rd St # 105, North Miami FL 33181, NORTH MIAMI, FL, 33181
Active569 days on marketListed Jan 27, 2025MLS #A11732563
About this property
The property at a glance
REDUCED MONTHLY RENTAL FIRST 6 MONTHS!!! AFTER 6 MONTHS $2,500.00 PER MONTH !!!Great Location !!!!Motivated Landlord!!! Lots of parking!!! Vacant!!!!!!900 sq ft on 123rd !!!Sans Souci is located minutes from Bal Harbour and Bay Harbor Islands !!!Minutes from Biscayne Blvd!!! Includes Real Estate taxes and water !!!
6,145
Building sq ft
$0
Price / sq ft
14,300
Lot sq ft
1985
Year built
3700
Zoning
Retail
Property type
The numbers
Investment snapshot
1 To 3 Year Lease
Lease term
Estimated payment (illustrative)
Estimated payment
$2,026/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Zack to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
20,969
Population
$56,473
Median income
37.6
Median age
2.39
Avg household
$315,200
Median home value
$1,665/mo
Median rent
2,354
Households w/ kids
Recent sales
What actually sold near 1948 NE 123rd St # 105
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,900
14025 W Dixie Hwy, North Miami FL 33161
Sold Sep 8, 2025
$18,000
9445 Harding Ave, Surfside FL 33154
Sold Oct 15, 2024
$24,000
981 NE 79th St, Miami FL 33138
Sold Oct 21, 2025
Your team
The pros in your corner
Your agent
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, offers, and every question about 1948 NE 123rd St # 105 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1948 NE 123rd St # 105.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Citadel Realty · Raquel Sragowicz. MLS #A11732563.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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